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In todays evolving digital landscape, organizations are under immense pressure to innovate and adapt swiftly. Digitaltransformation is no longer a luxury but a necessity for businesses aiming to stay competitive.
Before we get into the specifics of why data is essential to the success of digitaltransformation, let’s first get acquainted with the term “digitaltransformation” that’s becoming every business manager’s favorite word these days. What Is DigitalTransformation?
For example, an AI workload like aChatGPT query can take more than 10 times the energy of […] The post Rethinking Public Sector Data Centers for AI-Driven DigitalTransformation appeared first on DATAVERSITY. Generative AI models require immense computational power to operate.
The goal of digitaltransformation remains the same as ever – to become more data-driven. The post Guide to DigitalTransformation: Data-first Architecture appeared first on DATAVERSITY. We have learned how to gain a competitive advantage by capturing business events in data.
In the last couple of years, we’ve seen rapid digitaltransformation take over with a large emphasis on cloud adoption. The post Observability: Driving DigitalTransformation in 2022 and Beyond appeared first on DATAVERSITY. In 2022, we can expect this trend to continue, if not increase.
Over the last 20 years of our experience helping companies achieve innovation and digitaltransformation success, we have observed that there are three critical resources an enterprise has at its disposal, that must be leveraged in an optimal way, to create success.
The age of digitaltransformation is over. It’s too late to be debating whether you should digitallytransform your organization. The world has already digitallytransformed. Everything is already digital-first, totally connected, in the cloud, and powered by data, everywhere, all the time.
Digitaltransformation became critical for success amid the COVID-19 pandemic in 2020. The post How Enterprises Will Succeed in 2021’s DigitalTransformation World appeared first on DATAVERSITY. Click to learn more about author George Young.
Last year, the pandemic catapulted organizations across industries into a new world of work seemingly overnight, forcing many to rush digitaltransformation initiatives to stay afloat against market uncertainties. The post How Organizations Can Remedy Rushed DigitalTransformation Projects appeared first on DATAVERSITY.
With these uncertain times, CEOs are confronted with difficult decisions – such as where can we cut costs, and how can we reallocate resources to […] The post Why You Should Invest in DigitalTransformation During Tough Economic Times appeared first on DATAVERSITY.
As enterprises continue to transform their legacy technology into tools fit for the modern age, digitaltransformation has become the key buzzword describing this transition into the 21st century. 1 Mistake in DigitalTransformation: Don’t Forget About Your Data appeared first on DATAVERSITY. The post The No.
A chaotic global economy and the rush to digitaltransformation has forced many organizations to reduce operational expenses and cut costs during this unprecedented time. The post How to Use AI and Analytics to Drive DigitalTransformation and Improve Efficiencies appeared first on DATAVERSITY.
A 2020 survey of senior IT decision-makers and IT security professionals found that 84 percent of respondents’ organizations have accelerated their digitaltransformation efforts as a direct result ofCOVID-19. Having a modern storage infrastructure is key to these efforts, one that is optimized for a hybrid cloud […].
With spending on digitaltransformation initiatives worldwide projected to hit $3.9 trillion by 2027, the pressure is on organizations – and specifically the C-suite – to ensure that not only are they best positioned to tackle the digital challenges of today but that they can quickly adapt to those of tomorrow as well.
The often-overused phrase “digitaltransformation” instills a sense of excitement and progress for many executives. But for some business leaders, digitaltransformation means intimidation or mystery.
In an era where data stands as the driving force behind the sweeping wave of digitaltransformation and GenAI initiatives, FileOps is emerging as a true game-changer.
Despite years of digitaltransformation efforts, the divide between technical and non-technical teams persists, hindering the full potential of data assets. A report […] The post Breaking Down Data Silos for DigitalTransformation Success appeared first on DATAVERSITY. trillion annually.
a widening digital gap is carving up the healthcare industry. AVIA Research recently found that only 10-40% of health systems are actively making a direct financial impact in areas where digitaltransformation can make a difference. There’s no need to sugarcoat it – in the U.S.,
In the race towards digitaltransformation, many companies are pursuing tech investments touting promises of capabilities and business outcomes that don’t actually map to their organizational needs. The post Enterprise Architecture’s Role in Helping Achieve DigitalTransformation Goals appeared first on DATAVERSITY.
With promises of increasing revenue, providing improved experiences, and bringing innovation, it is no wonder that the market for digitaltransformation (DT) is predicted to grow to $3.4 trillion by 2026.
And from a digitaltransformation standpoint, many view technologies like AI, robotics, and big data as being critical for helping companies and their boards to respond to events quicker than ever. However, the fact is that a digital approach completely changes and […].
This kind of data literacy and digitaltransformation initiative require a culture shift and continuous improvement within and across the organization. Leverage the power of Data Literacy , and provide support for DigitalTransformation.
This kind of data literacy and digitaltransformation initiative require a culture shift and continuous improvement within and across the organization. Leverage the power of Data Literacy , and provide support for DigitalTransformation.
The post How Businesses Can Enable DigitalTransformation by Investing in Cloud and Edge, Together appeared first on DATAVERSITY. Now though, as their use accelerates, businesses are left with vast amounts of data that need to be collected, processed, and analyzed. Without doing […].
The COVID-19 pandemic accelerated organizations’ digitaltransformation efforts, regardless of whether they were ready for it or not. Now, as businesses have adjusted their plans to factor in the ongoing effects of the pandemic, digitaltransformation has become not just a business initiative, but one of high priority.
Introduction Digitaltransformation is reshaping businesses across the globe. Business analysts in digitaltransformation jobs are pivotal in ensuring that companies effectively integrate digital technologies into their operations.
Cloud computing, which has supported the world’s economy, worldwide stock chains, and remote working during the pandemic, will be a fundamental objective for enterprises seeking the enhanced versatility, scalability, business progression, cost efficiencies, and competitive advantage that digitaltransformation offers.
“Digitaltransformation” is the hottest phrase of 2023, encapsulating everything from supply chain disruptions to the AI gold rush. It’s the challenge companies are undertaking to make sure they keep pace with today’s rapidly evolving technology and interconnected digital world.
In today’s digital era, organizations require a solid foundation of trusted master data to enable impactful digitaltransformation (DX) efforts and drive better business results at scale. The post Three Crucial Phases of a DigitalTransformation Journey appeared first on DATAVERSITY.
If your enterprise is about to undertake a digitaltransformation (Dx) project, you should understand that these initiatives require a focus on more than the technology itself. appeared first on DATAVERSITY.
The pandemic has been a massive forcing function for many companies to move even faster with their digitaltransformation and process automation efforts. The post R.I.P. Rip and Replace: How Process Automation Enables DigitalTransformation appeared first on DATAVERSITY.
Digitaltransformation presents organizations with immense opportunities, but seizing them requires a strategic approach and careful selection of appropriate technologies. trillion in additional market […] The post Unlocking Success with DigitalTransformation: A Strategic Roadmap for the Board appeared first on DATAVERSITY.
Digitaltransformation powered by automation has changed the way organizations around the world operate. The post Hyperautomation Projects Will Unleash the Next Phase of DigitalTransformation appeared first on DATAVERSITY. It’s sped up product and service delivery. But automation has its limits.
As the COVID-19 pandemic continues to accelerate digitaltransformation into 2021, 73 percent of manufacturers plan to increase their investment in smart factory technology over the next year. The post Data Drives DigitalTransformation’s Success in 2021 appeared first on DATAVERSITY.
If your business has embraced the concept of DigitalTransformation (Dx) and Data Literacy, it must plan for these initiatives in order to ensure that they are successful. Restrictive technology tools or tools that are only designed for IT or data scientists will not advance a DigitalTransformation and Data Literacy initiative.
If your business has embraced the concept of DigitalTransformation (Dx) and Data Literacy, it must plan for these initiatives in order to ensure that they are successful. Restrictive technology tools or tools that are only designed for IT or data scientists will not advance a DigitalTransformation and Data Literacy initiative.
If your business is trying to decide whether to launch a digitaltransformation initiative, you may be wondering how this effort will affect your team members. The post Four Things About DigitalTransformation That Will Affect Business Team Members appeared first on DATAVERSITY.
The post How Enterprises Can Leverage Data Observability for DigitalTransformation appeared first on DATAVERSITY. Right now, over 12% of Fortune 1000 businesses have invested more than $500 million into big data and analytics, according to a NewVantage Partners survey. But are they using it effectively? In the same survey, […].
The post Data Protection: An Essential Element of Any DigitalTransformation Strategy appeared first on DATAVERSITY. Globally, the average total cost of a data breach is around $4.35 million, which increased by 2.6% compared to 2021, according to IBM’s most recent Cost of a Data Breach […].
The post Cloud Ops Is a Key Enabler of Successful DigitalTransformation appeared first on DATAVERSITY. The idea was to build a web-based application for internal sales teams to place orders on behalf of the customers and eliminate paper processing. Don’t judge it using today’s standard. […].
But, in today’s world, it is crucial to prepare and educate the average business team member to improve data literacy and engage in digitaltransformation (Dx). Original Post : What COVID-19 Has Taught Us About the Importance of DigitalTransformation in Business!
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